2019 Papua New Guinea Real Estate Survey

Papua New Guinea Real Estate Survey 2019In 2019, Hausples.com.png conducted an electronically distributed survey to identify changes in home-ownership and the views of prospective buyers/renters. Some of the most notable finds include the following:

Positive growth in middle-income earners across the country, suggesting a greater capacity to enter the property market.

Most renters prefer apartments; a big changes compared to the previous year.

High-demand locations and suburbs are relatively unchanged from the previous year.

One major obstacle to purchasing property is perceived affordability, with high set houses accounting for most of the demand.

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